This property looks like a bad Long-Term investment with a projected -7.27% first-year return on $56,280 initial cash invested.
-7.27%
Cash On Cash
5.06%
Cap Rate
0.82
DSCR
$1,792
Rent
-$341
Cashflow
Cash Flow
$1,792 income − $2,133 expenses = $341 out of pocket
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,280
Downpayment
20%
$53,600
Closing costs
1%
$2,680
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,792
Total Expenses
$2,133
Mortgage P&I
77%
$1,381
Property Taxes
11%
$191
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0